Visa has published the State of Scams: Fall 2024 Biannual Threats Report. The latest edition of the report brings to light several emerging threats and scams targeting banks and consumers, including a surprising resurgence of small-scale physical crime. “Visa invested $11 billion dollars in technology and infrastructure in the past five years, andRead More…
Visa has announced the continued expansion of its global value-added services business with the addition of three new AI-powered risk and fraud prevention solutions. The new products, part of the end-to-end Visa Protect suite, are designed to reduce fraud across immediate account-to-account and card-not-present (CNP) payments, as well as transactionsRead More…
Over-confidence is leaving consumers in UAE open to becoming victims of fraud, according to Visa’s annual Stay Secure study released today. Despite more than half of respondents (61% vs. 56% global average) claiming to be savvy enough to sidestep online and phone scams, the reality is that nine out ofRead More…
Over-confidence is leaving consumers in Egypt open to becoming victims of fraud, according to Visa’s latest Stay Secure study released today. Despite more than half of respondents (58% vs. 56% global average) claiming to be savvy enough to sidestep online and phone scams, the reality is that nine out ofRead More…
Amer Owaida, Security Writer at ESET highlights the flaws in Apple Pay and Visa could allow criminals to make arbitrary contactless payments – no authentication needed.Read More…
Batelco’s three data centers have received the Payment Card Industry Data Security Standard (PCI DSS) 3.2.1, the most recent worldwide accreditation in data security. ValueMentor, a renowned provider of risk and compliance services, assessed Batelco’s PCI compliance. The PCI DSS is a well-established information security standard that applies to everyRead More…
Gemalto has announced that its Trusted Service Hub (TSH) can now offer a single gateway enabling issuers to connect to the Mastercard and Visa tokenisation services, simplifying the way financial institutions can launch mobile payment services.Read More…
